let's just pause and reflect on these people who were surprised. Here is the amazing turn of events:Economic ignorance is expensive and we’re paying the price.
What is the reaction to this perfectly foreseeable sequence of events? "...dealers were amazed...", "the explosively popular... program."
- The government starts handing out free money.
- People start grabbing it as fast as they can.
- The bureaucrats quickly realize that they are hitting the program's budget in mere days (of the program being finalized) and suspend the program.
How do you get an economic recovery going? Start raining free money down on everyone's heads. I grew up thinking that the people from the Middle Ages were idiots... They believed the earth was flat! Turns out they didn't actually. But Rep. Miller (and how many Americans?) really does believe this nonsense. I have found the Dark Ages and it is us.